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ABBOTT LABORATORIES T.ABT


Primary Symbol: ABT

Abbott Laboratories is a global healthcare company. The Company is engaged in the discovery, development, manufacture, and sale of a broad and diversified line of health care products. The Company operates through four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. The Established Pharmaceutical Products segment is engaged in the international sales of a broad line of branded generic pharmaceutical products. The Diagnostic Products segment is engaged in the worldwide sales of diagnostic systems and tests for blood banks, hospitals, commercial laboratories, and alternate-care testing sites. The Nutritional Products segment is involved in the worldwide sales of a broad line of adult and pediatric nutritional products. The Medical Devices segment includes the worldwide sales of rhythm management, electrophysiology, heart failure, vascular, structural heart, neuromodulation, and diabetes care products.


NYSE:ABT - Post by User

Bullboard Posts
Comment by IChingon Apr 11, 2008 8:34am
159 Views
Post# 14960854

RE: only good for trading

RE: only good for tradingThis is the ultimate trading stock.

Whatever happened to the "analyst targets" of 20-25$ ? We seem to be stuck in a range of 11- 15 at the moment.

What will end the vicious cycle?

And you think those analysts and their backroom traders don't know that when they spew their garbage to the public? They can easily trigger the hype...and the back room boyz easily see the patterns of stop loss orders at technical levels in the depth. And they know that traders go on margin. Yup...the free hand of the market ...Adam Smith has rolled over in his tomb more often than market cowboys and our dear regulators change underwear... LOL

This was an artificially triggered and sustained run, and what was given from one had is taken away from the other...and as soon as the cowboys are all gone, they will let (and help) the horse run again.

Today may be an important day. We'll see. But hey, what do I know eh?

Bullboard Posts